Why Invest in Property in Tunisia
Reasons To Invest
Tunisia is fast gaining popularity as one of the newest emerging real estate markets, capturing the interest of increasing numbers of overseas property investors. The newness of the market is presenting exceptionally low property prices, constructed to high European standards. The recent modifications in the country’s economy have lead to upgrading the living standards prior to enabling the entry of foreign investors to the market. Due to this restructuring and internal development, less than 1% of the properties in Tunisia are considered sub-standard.
Numerous advantages can be seen from the stability of Tunisia and the opportunities this stability represents for strong future growth. The strong ties the country holds with the EU has lead the locals to consider themselves as more of a European nation to an African or Middle Eastern one. Tunisia features a stable currency and is receiving exceptional levels of direct foreign investment into the country in recent years. The country holds strong trade agreements with the EU and was one of the founding members of the World Trade Organisation.
The stability of the nation extends through the economy into the political environment, creating a country considered to be the most politically stable in all of Africa and also amongst the Arab speaking nations. A fast growing nation, Tunisia has emerged as a country of positive progression, where the citizens are supported in assisting the growth of the nation.
An emerging property market boom is considered to be on the horizon for Tunisia, with investor awareness assisting the initial growth. The high standards of living, economy, education and political stability are considered to be quite unique for an emerging market. The current exceptional low property prices, comparable to Morocco several years ago, are assured to grow with the increased development of the nation.
New projects including residential, commercial and infrastructure developments are currently being undertaken. These are assisting with creating a new mass tourism destination and the growth of the nation. Government has actively encouraged and supported all efforts to improve the country, leading to a nation with the most qualified workforce, modern infrastructure, political stability, highest literacy rates and the highest per capita income in Africa.
- Incredibly low priced, high quality properties
- Serious opportunities for strong growth
- Strong economic growth and political stability
- Sought after touristic destination for many millions of Europeans
- Secure, peaceful location with strong European business ties
- Stable domestic market for rentals and exit strategies
- Strong links with the EU
- Large scale residential and infrastructure development
- Initial stages of emerging market opportunities
- Excellent capital growth and yield potential
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